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STANLEY BLACK & DECKER, INC.·4

Mar 3, 4:26 PM ET

Hallinan Patrick D 4

Research Summary

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Stanley Black & Decker (SWK) CFO Hallinan Receives 66,837 RSUs

What Happened
Patrick D. Hallinan, EVP, CFO & Chief Administrative Officer of Stanley Black & Decker (SWK), received equity awards and completed related derivative transactions. On 2026-02-27 he was granted 13,824 RSUs and 53,013 RSUs (total 66,837 RSUs; reported at $0 in the filing as these are contingent awards). On 2026-03-01 the filing shows conversion/exercise activity for 3,567 derivative units and two share-withholdings to satisfy tax obligations: 1,046 shares withheld at $85.90 for $89,851 and 1,535 shares withheld at $88.94 for $136,531 (total withheld = 2,581 shares, $226,382). The withholdings are tax-related disposals, not open-market sales.

Key Details

  • Transaction dates: Grants on 2026-02-27; conversion/exercise and tax-withholding on 2026-03-01. Form 4 filed 2026-03-03.
  • Grants: 13,824 RSUs + 53,013 RSUs = 66,837 RSUs (reported as derivative awards, $0 value in filing).
  • Tax withholding (disposals): 1,046 shares @ $85.90 = $89,851; 1,535 shares @ $88.94 = $136,531. Total withheld = 2,581 shares ($226,382).
  • Conversion/exercise: 3,567 derivative units shown as exercised/converted on 2026-03-01 (reported in the filing as M-code).
  • Shares owned after the transactions: not specified in this Form 4.
  • Notable footnotes: RSUs represent a contingent right to one share (F1); withheld shares were used to satisfy tax obligations on RSU vesting and performance awards (F2, F3); these RSUs vest in three approximately equal annual installments beginning Feb 27, 2027 (F4). An earlier RSU grant from March 1, 2024, is also referenced (F6).

Context

  • These entries reflect receipt of equity awards (RSUs) and routine tax-withholding related to derivative conversion/vesting rather than open-market selling. Withholding to cover taxes is common and does not necessarily indicate a decision to liquidate holdings for other reasons.
  • The filing reports derivative activity (exercise/conversion) and tax-withholdings; investors should treat the action as compensation-related award activity rather than a directional bet by the insider.